Mastercard’s Venkateswaran doubts wide CBDC adoption, citing challenges in regions with established payment systems and consumer preferences. The Debate Over CBDCs In the rapidly evolving digital finance sector, Central Bank Digital Currencies (CBDCs) have emerged as a focal point of discussion. Recently, Ashok Venkateswaran of Mastercard expressed doubts about CBDCs’ broad adoption. He specifically mentioned […]

Swiss National Bank launches wholesale CBDC pilot, transforming banking through secure digital transactions   A New Era in Banking The Swiss National Bank (SNB) is stepping into the future of finance. Next month, they’re starting a groundbreaking pilot project. This isn’t just any project—it’s about using a digital currency, specifically designed for banks. Big names […]